Step-by-step explanation:
my brain couldn't comprehend can u write it down for me real quick like the way it's supposed to be written please
1. The problem gives the residual value in percentage, and you need it in dollars. So, if the MSRP for the car Jennifer is leasing is $ 17,500, you have:
57%/100=0.57
residual value=$17,500*0.57= $9,975
2. Then, you need to substract the residual value and the lease term, to calculate the value of the car, as below:
car value=$17,500-$9,975=$7,525
3. You need to calculate the money factor, which is the interest rate divided by 2400. Then, you have:
Interest rate=9%/100=0.09
Money factor=0.09x2400
Money factor=0.00375
4. The interest is:
I=($17,500+$9,975)(0.00375)
I=$103.03
5. Therefore, the monthly payment is:
Monthly payment=(car value/36 months)+Interest
Monthly payment=($7,525/36)+$103.03
Monthly payment=$209.02+$103.03
Monthly payment=$312.06
What will Jennifer’s monthly lease payment be?
The answer is: d. $312.06
Answer:
7.62
Step-by-step explanation:
We can draw another point at (-3, -4) named C to get a right-angled triangle.
AC = 2 (by counting)
BC = 7 (by counting)
Using Pythagoras Theorem,
(nearest hundredth)
(x-3)+14 that is the equation.
Well the digit in the thousands place is about 100 times than the digit in the tens place.
So 5,000> 50
The digit in the thousands place is more than the digit in the tens place.
